Suicide by investment is the federal government’s latest, greatest plan for its employees. All those veterans and active duty men and women we all spent time honoring a week ago are not only being sold out by the government bureaucracy, but the members themselves are being persuaded to sell themselves.
The Federal Thrift Savings Plan (TSP) is the retirement system for all federal employees and amounts to about $578 billion. It is the largest retirement fund in the country with over 5 million enrollees, including the United States military. Soldiers, sailors, airmen, and marines are routinely advised, by all levels of command, to invest in the program.
For a long time, TSP limited investment in foreign markets to developed countries…largely industrialized democracies. In November 2107, the TSP Board got the idea it would invest in emerging markets one of the funds is MSCI All Country World Index which includes Chinese companies like AVIC that manufactures fighter aircraft for the Chinese Army and is China’s biggest producer of ballistic missiles.
In 2020 TSP is moving its international fund to this Index. So, in effect, military personnel and federal employees are investing in the production of weapons aimed at killing American soldiers, sailors, and marines, thereby financing our own destruction. Suicide by investment. This has to be stopped before the life savings of our military are invested in our adversaries and their weapon production.
Military personnel, federal employees and pensioners need to bring this to a halt before it goes into effect. If the government won’t do something, we have the power to defund TSP. There are many other places to invest. Remember, “if you go carrying pictures of Chairman Mao, you ain’t going to make it with anyone anyhow…” don’t kill yourself doing it.